Excerpt from Government Accountability Act of 2021

In accordance with Government Accountability Act of 2021, individuals in designated positions must file statements of economic interests for public inspection in order to determine a potential conflict of interest.

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Noah Wade
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The entirety of Government Accountability Act of 2021 can be found HERE.


SECTION VI. CONFLICT OF INTEREST; GENERAL PROHIBITION
(a) The Election Oversight Officer shall adopt a regulation which contains the terms of a standard model conflict of interest code, can be incorporated by reference, and may be amended by the Election Oversight Officer to conform to amendments in the Political Reform Act.

(b) Individuals in designated positions must file statements of economic interests with the Election Oversight Officer and the Special Counsel, which will make the statements available for public inspection in order to determine a potential conflict of interest. Statements filed by all individuals in designated positions will be retained by the Election Oversight Officer and the Special Counsel. For informational purposes only: Statements for Fair Political Practices are filed with the Election Oversight Officer.

DISCLOSURE CATEGORIES:
Category 1 (Cabinet or Secretary-level positions)
Category 2 (Director-level positions)
Category 3 (Deputy/Assistant Director-level positions)

A designated position in either of these categories must report all sources of income, investments, business positions, and interests, including receipts of gifts, donations, loans, and payments.

(c) A public official at any level of state or local government has a prohibited conflict of interest and may not make, participate in making, or in any way use or attempt to use his or her official position to influence a governmental decision when he or she knows or has reason to know he or she has a financial interest. A public official has a finance interest if the decision will have a reasonably foreseeable material financial effect, distinguishable from the effect on the public generally, directly on the official, or his or her immediate family. Government officials may not use their privileged access to government property and other government resources, including vehicles, for electioneering and campaign fundraising purposes.
(1) State and local government officials who violate Section VI (c) shall be charged with 103. Corruption of Public Office.

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